Acme Christian Thrift Store & Food Pantry

Analysis

Acme Christian Thrift Store & Food Pantry is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Acme Christian Thrift Store & Food Pantry reported income of $457k and spending of $400k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $457k (+69%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Acme Christian Thrift Store & Food Pantry sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include FGM Organizations Inc ($457k), We Go - Nigeria ($457k) and Lighthouse Youth Ministries Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $48k (12% of expenses). Other salaries and wages came to $74k. At year end it held assets of $707k against liabilities of $11k, net assets of $696k. It reported 5 employees.